Do I Need a Certificate of Good Standing?

Do I Need a Certificate of Good Standing?

by | | 401k, IRA LLC

Do I need a Certificate of Good Standing?By Alisha Bennett First off, what is a Certificate of Good Standing?A Certificate of Good Standing is a form you can order from the Secretary of State’s office; the form’s purpose is to indicate that your LLC is current and “in...
Will COVID-19 Bring on a Real Estate Crash?

Will COVID-19 Bring on a Real Estate Crash?

by | | 401k, IRA LLC

Will COVID-19 Bring on a Real Estate Crash? By Peter Rizzo Every day we get asked this question. Seeing I’ve lived through more crashes than I care to admit, our staff look to me for my opinion. The fact is, we have a different set of variables going on now than we...
Changes to Retirement Distribution Rules Summarized

Changes to Retirement Distribution Rules Summarized

by | | 401k, IRA LLC

Changes to Retirement Distribution Rules Summarized By Jordan Sheppherd A number of changes have been made to the tax code to provide relief to taxpayers, and some of those changes involve retirement plans. As you all probably know, the CARES Act was passed recently....
Financing Property? Try a Solo 401(k)

Financing Property? Try a Solo 401(k)

by | | 401k, Uncategorized

Financing Property? Try a Solo 401(k) By Jordan Sheppherd Financing property within a retirement account can be a great thing. Using someone else’s money to make money is always a good thing. Most of you are probably familiar with some of the rules relating to loans...
Triggering UDFI in a Partnership

Triggering UDFI in a Partnership

by | | 401k, Real Estate, Uncategorized

Triggering UDFI in a Partnership By Jordan Sheppherd Most of you are probably familiar with the Unrelated Debt Financed Income (UDFI) rules, which apply any time a retirement account has “acquisition indebtedness” on a given asset, or in plain English, anytime the...